No - they just pretend taxes are lower to justify not using the tax money responsibly to provide social services.
Between federal income tax, social security, and medicaid my taxes come out to about 40% off the top. Then I have to pay state sales tax, local taxes, and in many states people also have to pay state sales tax.
What the hell? That is an effective tax that is higher than what I pay in one of the richest countries in Europe. Our highest tax bracket is around 50%, but only on that portion. Our effective tax is probably under 40%.
And we have actual social security and healthcare is covered.
How else are we supposed to pay oil companies and Monsanto massive subsidies to encourage them to keep participating in their wildly profitable businesses?
No - they just pretend taxes are lower to justify not using the tax money responsibly to provide social services.
Between federal income tax, social security, and medicaid my taxes come out to about 40% off the top. Then I have to pay state sales tax, local taxes, and in many states people also have to pay state sales tax.
What the hell? That is an effective tax that is higher than what I pay in one of the richest countries in Europe. Our highest tax bracket is around 50%, but only on that portion. Our effective tax is probably under 40%.
And we have actual social security and healthcare is covered.
How else are we supposed to pay oil companies and Monsanto massive subsidies to encourage them to keep participating in their wildly profitable businesses?